MEA and PTE Research Paper Example | Topics and Well Written Essays - 1250 words

MEA and PTE - Research Paper useFord is also one of the largest travel producers of automobile in the international market.Social The social issues set about by Ford and the automobile industry argon mainly related to the cultural values and codes reflected by the organization. Goerzen & Beamish (2008) noted that the growing population and the demand for better transportation system has increase the reach of business for automobile firms. However, the increased cost of living and the rising fuel prices are major worries for the consumers in context of purchasing automobiles.Technological Technology is one of the driving forces of the business firms in the existing scenario. The emergence and development of technological aspects has allowed the organizations to expand their market space over internet and also enhance their in operation(p) performance with the help of robotics (Morris, Schindehutte & Allen, 2011). However, the opportunity cost of the firms is increasing and the t echnicality in the operations is also cut the control of the management on the production functions of the company.Economical The economical condition of the international market betoken was largely shaken with the recent global pecuniary crisis of 2007-08. Amidst these economical instabilities, Ford was already facing financial crisis as their profits were falling (Hellriegel & Slocum, 2011). Apart from these, other economical complexities include currency fluctuation, taxation, government policies, etc are also major economic hurdles for the company in the international market.Environmental The environmental concerns for the automobile organizations are growing rapidly. With the increased demand for vehicles, companies such as Ford have also increased their production process resulting in increased energy usage and creation of industrial waste which is hampering the inseparable environment. Moreover, the amplified amount of